Recently, XCMG successfully signed a new energy mining equipment supply contract with Australia's Fortescue Group, setting the record for the largest single order in the history of China's green mining equipment exports.

As the industry cycle bottoms out and stabilizes, as of the close on September 29, XCMG Machinery (000425.SZ) closed at 11 yuan, up 4.76% from the previous trading day, with its market value climbing to 129.283 billion yuan, setting a new all-time high!

Behind this series of achievements is both the strategic resolve of XCMG's new leadership team in leading its global employees to stay committed to the core business and to uphold integrity while pursuing innovation, and a testament to the results of the company's determined reform and its "No. 1 Project" of intelligent transformation, digitalization, and connectivity that has stimulated internal momentum.

As the dividends of reform continue to be released, XCMG keeps stepping up efforts in the field of zero-carbon smart mining—in August, XCMG held the Global Summit on Zero-Carbon Smart Mining Technology, showcasing to global customers the hard-core strength of its complete set of mining solutions; in September, XCMG set a new record for the largest single order of China's green mining exports, continuously strengthening its voice in the global high-end mining market and winning high recognition from the market.

On the basis of connotative high-quality development and sustainable sound performance, XCMG Machinery has built a "community of shared destiny" between the company and its investors—on the one hand, sharing development results with investors through cash dividends, share buybacks, and other means; on the other hand, demonstrating development confidence through means such as increased holdings by major shareholders, employee stock ownership, and equity incentives.

Following employee stock ownership and its first equity incentive, on September 3, 2025, the company once again launched a stock option and restricted stock incentive plan, proposing to grant 154.8 million stock options and 315.2 million restricted shares to incentive recipients, with no more than 4,700 incentive recipients for the first grant, aiming to enhance corporate competitiveness through long-term incentives. Through the implementation of equity incentives and employee stock ownership, the company further strengthens the binding of interests between the enterprise and its employees, builds an incentive mechanism of a community of shared destiny, and injects long-term momentum into the enhancement of the company's competitiveness.